Foursquare Acquisition Leaves Equity Holders With Zero Returns
Foursquare Acquisition Shocks Early Investors and Founders Last month, advertising firm Infillion completed the Foursquare acquisition for an undisclosed sum, bringing a dramatic close to the journey of a once-pioneering location-data platform. However, the celebration was short-lived. Co-founder and former CEO Dennis Crowley revealed in a candid blog post that neither preferred nor common stockholders … Read more